Wow. I knew Nikola Tesla and Thomas Edison were good for business (in their own ways), but who would have expected that my big Tesla and Edison news would cause Barnes & Noble stock to skyrocket yesterday (February 26, 2015). Here’s the proof:
Since you might not see the immediate connection, let me explain. As most people know I wrote a book called Tesla: The Wizard of Electricity (plus another Tesla ebook on his interest in renewable energy). The book is published by Fall River Press, an imprint of Sterling Publishing, and Sterling is a wholly-owned subsidiary of none other than Barnes & Noble!
This week the third printing of Tesla: The Wizard of Electricity finally made it back on the shelves at Barnes & Noble stores (and also available online). As the graph above shows, Barnes & Noble stock value instantly shot up. 🙂
But there was an Edison connection too. Yesterday I signed the contract with Sterling Publishing to write a book on Thomas Edison (tentatively called EDISON!). And before the ink was dry Barnes & Noble stock value had soared to a new 52-week high!
See, a direct correlation between my big Tesla and Edison news and the skyrocketing stock price for Barnes & Noble! It couldn’t be any clearer.
Okay, the sudden rise in stock might have also been influenced by a little announcement that Barnes & Noble is spinning off its college bookstore business and holding tight to its Nook business unit. Yeah, those might have had a teeny influence on the stock price, but I prefer to think that my Tesla and Edison news was the driving factor in the big stock gain.
Hey, let’s just say I see the glass half full. 🙂
Meanwhile, Tesla: The Wizard of Electricity has been a great success and I’m diligently typing away on my next big book – EDISON! Tesla is in Barnes & Noble now (make sure to get one soon because they sell out quick); Edison will be in Barnes & Noble stores in 2016.
It’s a good life.
David J. Kent is the author of Tesla: The Wizard of Electricity and the e-book Nikola Tesla: Renewable Energy Ahead of Its Time.
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